The NYRA Reorganization Board will be comprised of a majority of publicly appointed directors, with a Chair nominated by the Governor. The Board will be in effect for 3 years to restructure and reorganize NYRA, following which NYRA will revert back to majority private control. The current NYRA Board will be dissolved. The NYRA Reorganization Board will go into effect when a majority of the new public directors are appointed. Once appointed, the new board will conduct a national search for a new CEO and General Counsel for NYRA.

So, what? Mismanagement, public benefit corporation, the state, blah blah blah -- what's all this matter to most of us? Well, NYRA pretty much is horse racing in New York. It operates the Saratoga Race Course, which is not only a good time for a lot of people in this area, it's also an important economic engine in this region. And it's been seriously broken.

Say Something!

We'd really like you to take part in the conversation here at All Over Albany. But we do have a few rules here. Don't worry, they're easy. The first: be kind. The second: treat everyone else with the same respect you'd like to see in return. Cool? Great, post away. Comments are moderated so it might take a little while for your comment to show up. Thanks for being patient.

name:

email address: (won't be displayed)

web site:

comment:

The Scoop

Ever wish you had a smart, savvy friend with the inside line on what's happening around the Capital Region? You know, the kind of stuff that makes your life just a little bit better? Yeah, we do, too. That's why we created All Over Albany. Find out more.

Regional Economic Development Council awards The winners of the annual Regional Economic Development Council grants are expected to be announced today. $750 million will be... (more)

Recent Comments

I grew up in the Utica area and moved out here in 1998. It really is funny how different the cultures are less than 100 miles away.
It's more laid back in the Utica/Syracuse area, and the culture is much more "country" whereas Albany and a lot of the are around it is much more fast paced and has more of a NYC influence. Both are nice places to live, but definitely different vibes.